Bullish (BLSH) Notes Payables (2024 - 2025)
Bullish (BLSH) posted quarterly Notes Payables of $50.0 million for Q4 2025, up 99.93% year-on-year from $25.0 million in Q4 2024, and down 90.27% on a QoQ basis from $513.8 million in Q3 2025.
Bullish (BLSH) Notes Payables (2024 - 2025) Analysis & Trends
Bullish (BLSH) has reported Notes Payables for 2 consecutive years, with $50.0 million the latest figure, recorded in Q4 2025.
- Quarterly Notes Payables rose 99.93% year-over-year to $50.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $50.0 million (up 99.93% YoY) and the FY2025 annual result came in at $50.0 million, up 99.93% from the prior year.
- Notes Payables slipped to $50.0 million in Q4 2025 per BLSH's latest filing, from $513.8 million in the prior quarter.
- Over the last five years, Notes Payables for BLSH reached as high as $513.8 million in Q3 2025 and fell as low as $25.0 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,834.76 Bn | 2,710.32 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,643.44 Bn | 2,643.44 Bn | 358.92 Mn |
| 3 | Oracle | 345.72 Bn | 314.37 Bn | - |
| 4 | Repay Holdings | 297.29 Bn | 297.14 Bn | - |
| 5 | Palantir Technologies | 295.33 Bn | 287.41 Bn | 1.42 Bn |
| 6 | Pagaya Technologies | 249.07 Bn | 249.08 Bn | 140.38 Mn |
| 7 | Palo Alto Networks | 228.92 Bn | 224.38 Bn | 1.91 Bn |
| 8 | CrowdStrike Holdings | 183.84 Bn | 180.79 Bn | 993.68 Mn |
| 9 | Fortinet | 111.23 Bn | 107.94 Bn | 1.49 Bn |
| 10 | Bullish | 1.61 Mn | -15.91 Mn | 21.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 49.98 Mn |
| Sep 30, 2025 | 513.85 Mn |
| Jun 30, 2025 | 496.90 Mn |
| Dec 31, 2024 | 25.00 Mn |